Tournus Equipement accelerates its growth with the acquisition of CED, a company located near Liverpool.
With turnover of £12.5m (approx. €15m), CED is TE’s first external growth operation, as a supplement to its uninterrupted organic growth since 2005. Like TE, CED designs, manufactures and sells equipment for professional kitchens.
CED has a catalogue of products and technical and commercial expertise that is well known in Great Britain in the fast food and takeaway sector and for bespoke countering. The entire turnover is made in Great Britain. CED has thus become the British manufacturer in its line of business with the biggest growth rate for 5 years.